Crude oil futures decline to Rs 5,935 per barrel

PTI Updated - November 14, 2013 at 11:58 AM.

Crude oil futures declined 0.8 per cent to Rs 5,935 per barrel today in line with a weak trend in Asian trade.

On the Multi Commodity Exchange, crude oil for delivery in November traded lower by Rs 58 or 0.8 per cent at Rs 5,935 per barrel with a business volume of 4,659 lots.

Similarly, December contracts moved down by Rs 45 or 0.74 per cent to Rs 6,023 per barrel with a business volume of 478 lots.

Marketmen said that the fall in crude oil futures prices was mostly in line with a weak trend in Asia as investors focused on the upcoming Senate grilling of prospective Federal Reserve chair Janet Yellen for clues on when the central bank will wind down its easy money policy.

Meanwhile, crude oil for delivery in December was down by 23 cents at $93.65 a barrel on the New York Mercantile Exchange.

Published on November 14, 2013 06:26